Finances

Bank of Russia revoked the banking licence of the credit institution Investment Commercial Bank OLMA-Bank, a limited liability company, or ICB OLMA-Bank LLC (Registration No. 3250, Moscow) from 18 November 2016.

Bank of Russia revoked the banking licence from the credit institution Commercial Bank Metropol (Limited Liability Company), or CB Metropol Ltd (Registration No. 1539, the city of Moscow) from 18 November 2016.

By its Order No.OD-4010, dated 18 November 2016, the Bank of Russia revoked the banking licence of the credit institution or JSCB NZBank (Registration No. 2944, the town of Dolgoprudny, the Moscow Region).

Over half the businesses in the Asia-Pacific Economic Co-operation’s (APEC) 21 economies (53%) surveyed by PwC this year plan to increase their investments over the next 12 months.

Bhupen Khakhar (1934–2003) played a central role in the development of modern Indian art.